Audit & Governance Committee

Purpose of committee

Surrey
County Council established its Audit and Governance Committee in
2002.

The
Council recognises the importance of undertaking adequate scrutiny
of the management of the internal control systems and the Audit and
Governance Committee creates an environment in which audit,
governance and financial accounts matters can be considered without
having to compete for priority alongside other matters.

The
Audit and Governance Committee's remit includes:

·risk management

·corporate
governance

·internal and
external audit

·treasury
management

·consideration and
approval of the annual statement of accounts of the County
Council and the Surrey Pension Fund

·the operation of the
Members’ Code of Conduct

The
Council's
Constitution, under the Scheme of Delegation, sets out the
terms of reference for the Committee, detailing its remit in
greater detail.

The
‘standard’ committee diary provides for six meetings a
year and additional meetings are occasionally required for a
specific purpose.

The
timings of the meetings are designed to enable key items of
business to be dealt with at the most appropriate time.